Car Lease Payment

There are many advantages to car leasing vs car buying and one of those is of course the car lease payment.

When you lease a car you are paying for the amount of car that you are driving over a set period of time. The GST/PST that you are paying is based on the payment only. Unlike when you are buying a car outright your finance payment is based on the full amount of the car, the full taxes and the interest.

Of course the bottomline is if leasing is for you in the first place. If it doesn’t feel comfortable for you then it doesn’t matter how much a car lease payment is. Do your research and KNOW EVERYTING there is to know about leasing vs buying a car so that you have all the information you need to make an informed car buying decision!

Creative Commons License photo credit: dno1967

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